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Earnings Call

Indus Towers Earnings Call: Key Takeaways

Indus Towers reported a robust FY26 with Q4 revenue of ₹81 billion (up 4.8% YoY) and EBITDA of ₹44.6 billion. Board recommended a final dividend of ₹14 per share.

Highlights
Revenue growthFY26 core revenues grew 9% YoY; Q4 revenue up 4.8%.
MarginsQ4 EBITDA margin at 55.1%; energy margins improved to negative 3.6%.
Order bookHealthy pipeline in India; initial orders secured for Africa foray.
Demand visibilityStrong, driven by 5G densification and 4G/5G data consumption growth.
Management confidenceHigh, citing strong business momentum and improved financial position of major customer.

Growth

FY26 gross revenue reached ₹325 billion (+7.9% YoY); core rental revenues grew 9% to ₹209 billion.

Outlook

Strong order book visibility; commencing Africa expansion starting with tower deployments in Zambia shortly.

Risks

Geopolitical tensions in West Asia disrupting supply chains and causing input cost inflation for tower availability.

Source

Earnings Call filed with BSE, NSE: INDUSTOWER. Summary written with AI assistance from the document.

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Indus Towers Ltd: key numbers

Share price
₹374.65
Market cap
₹98,839 Cr
Revenue (annual)
₹32,493 Cr
Net profit (annual)
₹7,145 Cr
P/E (TTM)
13.8×Sector 33.0×
Promoter holding
51.26%+0.00% QoQ
FII holding
23.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Indus Towers Limited has been assigned an ESG Rating of 69.86 (Leader) by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.